Chaired by the Prime Minister, the council will include heads of the Federation of Egyptian Chambers of Commerce, Federation of Egyptian Industries, and Egyptian Federation of Investors Associations
Tax revenues have climbed by 21% annually during FY2022/2023 to hit EGP 1.2 trillion, the finance minister told media on Sunday
Under the new provisions, establishments with a business turnover below EGP 250,000 will be subject to an annual tax of EGP 1,000
The FinMin underlined the stability of Egypt’s e-payment channels for taxes, growing a steady 30% with a reported EGP 1.9 trillion collected
Total revenues were up by 28% annually compared to the first two months of FY2022/2023, hitting EGP 206,88 billion